Search results for 'Formal Market'
Zimbabwe
ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
Apr 18, 2024
Zimbabwe
ZiG Weekly Review: Formal Market Sees Slower Depreciation, Parallel Market Rate Drops
The Zimbabwe Gold (ZiG) exhibited a marginal depreciation of 0.1% week-on-week, trading at 26.3004 per USD on January 24, 2025, compared to 26.2614 on January 17, 2025. During the week, the ZiG trade
Jan 24, 2025
Companies
CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Jul 16, 2025
Top Stories
Zimbabwe Poverty Lines Drops Significantly Despite Monetary Stability, Growth Across Many Metrics
The Zimbabwe National Statistics Agency has put the Food Poverty Line for one person in May 2026 at ZWG 916.59 per month, which translates to USD 36.66 per month or USD 1.22 per day using the formal m
9 hours agoZimbabwe Records Biggest Manufacturing Growth in Southern Africa: But Slips in AfDB Industrialisation Rankings
The African Development Bank's Africa Industrialisation Index 2025, which ranks all 54 African countries on the depth, quality, and diversification of their industrial development, has delivered a ver
10 hours agoOperationally Viable, Financially Irretrievable: The Harsh Reality for JSE-Listed Firms in Zimbabwe
Pick n Pay, one of South Africa's largest listed retailers, says its Zimbabwe operations remain fully impaired, a designation that has been in place since 2024, when the group stopped incorporating th
1 day ago
